Monster rejects MediaNews group's offerMonster Worldwide Inc. (MWW), which is close to completing a merger with Randstad Holding NV (RAND.AE), rejected Wednesday the offer from MediaNews Group Inc. to buy about 10% of its outstanding shares.

Randstad adjusted earnings up 9%, beating viewsDutch recruitment company Randstad Holding NV (RAND.AE) on Tuesday reported a 9% rise in third-quarter adjusted earnings before interest, taxes and amortization, above market forecasts. The company said that growth trends were resilient across all regions and that this appeared to be continuing into October.

Monster posts loss as MediaNews seeks stakeActivist investor MediaNews Group Inc. sought to almost double its stake in Monster Worldwide Inc., keeping the pressure on the job-listing company, which reported a surprising loss Friday. MediaNews, already the largest stakeholder with a nearly 12% stake, launched an effort to buy a further 10% stake in Monster at $3.70 a share.

Mattel's sales Flat; Barbie offsets DisneyMattel Inc.'s third-quarter revenue nudged barely higher as surging Barbie sales and a rebound in its high-end American Girl business plugged the loss of sales from two major Walt Disney Co. licenses.

Monster Worldwide issues revenue warningOnline job-posting company Monster Worldwide Inc. said its third-quarter revenue will miss Wall Street expectations as a weak year for bookings hurt the top line. Monster Chief Executive Tim Yates said that while the company is "gaining traction" in North America, results in the period were hurt by "the continued pressure on our core traditional product offerings combined with the weakness in bookings in prior quarters." Revenue in North America fell by 16% year-over-year.

Monster Worldwide warns of third-quarter revenue weakness Monster Worldwide Inc. said Thursday it expects third-quarter revenue to fall about 14% as it grapples with pressure on its core product offering and weak bookings. The recruitment company said it expects revenue to range from $143 million to $145 million vs. $167.1 million a year ago. The current FactSet consensus is for third-quarter revenue of $153 million. "While we are gaining traction in North America as a result of our new product initiatives and pay per click business, the continued pressure on our core traditional product offerings combined with the weakness in bookings in prior quarters has resulted in a decline in third quarter 2016 revenue in North America of 16% on a year over year basis," Chief Executive Tim Yates said in a statement. The company, which is being acquired by Randstad for $3.40 a share in cash, is expecting to report third-quarter earnings on Oct. 21. The Randstad deal is expected to close during the fourth quarter. Shares were inactive premarket, but are down 39% in the year so far, while the S&P 500 has gained about 6%.

Monster Worldwide now sees Q3 revenue down about 14% vs. year-earlier

2:33 a.m. Oct. 6, 2016

Monster Worldwide sees US Q3 revenue down 16%

2:33 a.m. Oct. 6, 2016

Monster Worldwide warns on Q3 revenue due to pressure on 'core' offerings

Why U.S. companies pay headhunters $15,000 to fill manufacturing jobs In Indiana, where almost 30% of the economy is tied to manufacturing, companies from Caterpillar to Subaru are finding it difficult to fill factory jobsIn Indiana, where almost 30% of the economy is tied to manufacturing, companies from Caterpillar to Subaru are finding it difficult to fill factory jobs, writes Silvia Ascarelli.

MediaNews Group fights sale of Monster WorldwideMediaNews Group Inc. on Friday revealed a large stake in job board operator Monster Worldwide Inc. and urged shareholders to oppose a previously announced takeover. The move is a hurdle for Randstad Holding NV's deal to buy Monster for $429 million, which was announced this month. Monster shares rose 7.6% to $3.70 in afternoon trading.

Nasdaq closes at all-time high as stocks eke out small gains Energy stocks slump, Valeant jumps after confirming plans for reorganizationThe Nasdaq Composite narrowly logs its second record close of 2016 on Tuesday, as losses in oil prices and weak productivity data all but erase gains for the broad benchmarks.

Randstad to buy Monster Worldwide for $429 millionRandstad Holding NV said Tuesday it agreed to buy Monster Worldwide Inc. for $429 million--snapping up a pioneer of the online job-posting industry and bolstering the Dutch recruitment giant's position in the U.S.

Beware the market ‘shenanigans’ promised by a dull August Critical information ahead of the U.S. market’s openAugust is under way and it really couldn’t be much duller. But about that ETF you’ve parked for the vacation? Our call of the day is worried that something wicked this way comes for August and those ETFs.

Randstad agrees to buy Monster in merger worth $429 millionStaffing provider Randstad Holding NV has agreed to acquire Monster Worldwide Inc. in a deal worth about $429 million, the Dutch company said Tuesday in a statement. Under the agreement, Randstad will pay $3.40 a share in cash for the Weston, Mass.-based online job search and recruitment service. That represents a 22.7% premium on Monster's closing price of $2.77 a share on Monday. The boards of directors of both Randstad and Monster have unanimously approved the terms of the merger agreement. Monster will keep its name and continue to operate as an independent entity under the deal, which is expected to be completed in the fourth quarter. Separately on Tuesday, Monster reported a net loss in the second quarter of $124.2 million, or $1.40 a share, including a pretax goodwill impairment charge. Adjusted net loss was $2.1 million, or $0.02 a share. The U.S. company has cancelled its conference call scheduled for later Tuesday.

Amazon earnings and revenue destroy estimates: Live blog recapAmazon.com Inc. is expected to report second-quarter earnings after the market closes on Thursday. Analysts are forecasting strong top- and bottom-line growth for the quarter ended in June, fueled by e-commerce sales and Prime membership growth, as well as improvements in its enterprise cloud offering, Amazon Web Services.

‘X-Men’ should reign over Memorial Day weekend, but Fox has done better ‘X-Men: Apocalypse’ is forecast to earn $82 million, according to Box Office analystsEvery year 20th Century Fox has released an “X-Men” film during Memorial Day weekend, the film has come out atop the four-day box office period. This weekend looks to be no different.

‘Angry Birds’ looks to topple ‘Captain America’ and win one for the videogame genre ‘The Angry Birds Movie’ has a $400 million marketing campaignThe Angry Birds mobile game took the world by storm in 2009 and this weekend Rovi Entertainment and Sony Pictures Entertainment will catapult “The Angry Birds Movie” into theaters.

Monster Worldwide shares slide on soft outlookMonster Worldwide Inc. offered on Thursday a downbeat view for earnings in the current quarter as it posted declines in profit and revenue in the latest period. Shares in the company dropped 11% to $2.73--inching nearer to its 52-week low of $2.43. The stock was down 15% this week. For the current quarter, the company said it expected to break even or make as much as four cents in per-share profit.

Monster misses 1Q revenue expectations but earnings matchMonster Worldwide Inc. missed first-quarter revenue expectations while earnings matched, citing mixed results in North America. Earnings rose to $1.8 million, or two cents per share, from $0.8 million, or nine cents per share, in the same period a year ago. Adjusted earnings per share were 7 cents, compared with the FactSet consensus of 7 cents. Revenue declined to $157.8 million from $172.9 million, below the FactSet consensus of $159. million. For 2016, the company expects second-quarter EPS of breakeven to 4 cents, around the FactSet consensus of two cents. As part of a $75 million share buyback program beginning in October, the company bought back $3 million in shares in the first-quarter.

Monster expects Q2 EPS of break-even to four cents; FactSet consensus is two cents

Monster Worldwide misses sales expectationsMonster Worldwide Inc. on Thursday said its sales declined 9.2% in the fourth quarter, falling short of analysts' estimates, though adjusted profit rose in line with company expectations. The company's outlook for the current quarter was also below analysts' expectations. Monster said it anticipates earnings for the current quarter in the range of 6 cents to 10 cents on an adjusted basis.

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